Twin Falls TheoryWho else has been pondering the strategy involving Twin Falls and how it aligns with a potential transaction?
The PR stating they acquired it (for $100,000 worth of shares) was from mid October last year. They formed the special committee and hired USCG in August who have since completed their due diligence review process which obviously doesn't include whatever lays beneath the Twin Falls.
Would a bidder want confirmaiton of whether or not there is mineralizaiton contiguous with the Ishkoday at the Twin Falls, or is it more likely that an offer would have been made strictly for the Ishkoday? Will exploring and drilling the Twin Falls be a key factor to the $$ value of a potential deal? Could Laurion sell off the Ishkoday and keep exploring the Twin Falls?
Curious to hear your theories.